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| Economy |
| Oil prices - When ISIS takes Baghdad |
| 2014-08-05 |
| Posted by:dlr |
| #4 Charles, one thing I learned from Tom Clancy books is that in war the Center of Gravity is political not economic. If Baghdad falls the political will and power goes with it and the Gulf either caves or fights. My guess is caves...Paris is fine this time of year. |
| Posted by: AlanC 2014-08-05 14:55 |
| #3 It's the Gulf we have to worry about. Baghdad isn't the key to oil prices, the Gulf is. |
| Posted by: Charles 2014-08-05 11:48 |
| #2 Iff the ISIS/ISIL takes Baghdad, it could mean that the heartland of any future OWG Nuclear?Islamic Caliphate, irregardless iff Sunni or Shia-based, will be exposed to alleged WORSE-THAN-AL-QAEDA ISIS/ISIL IDEOLOGY + VALUE SYSTEMS. IOW, A "WORLD-CONQUERING" SUPER-HARDLINE ISLAMIC CALIPHATE, + POSSIBLY ARMED WID NUKES-WMDS. Espec iff Nuke-armed Russia + China + India, etc. fall to the Hard Boyz, the ISIS/ISIL or derivatives. |
| Posted by: JosephMendiola 2014-08-05 03:23 |
| #1 Christopher Columbus discovered America trying to find a better way to India rather than go through these kind of people to get spices from India. So, if they get control of even a part of the oil trade, it will have an impact. |
| Posted by: Ebbinelet Omusoling8390 2014-08-05 00:22 |